2 Stocks That Could Finish The Year Strong

Core Insights - Tesla Inc (NASDAQ: TSLA) has historically outperformed in the week following Thanksgiving, averaging a 1.5% return with a 60% win rate over the past decade [1] - The stock has also shown strong performance in December, averaging a 4% monthly move and finishing positively in seven of the last ten years [2] - Current trading at $426.91, a similar monthly move could eliminate TSLA's quarterly deficit and address the bear gap from November 13 [2] Market Sentiment - There is a significant bearish sentiment surrounding TSLA, with 25 out of 41 brokerages maintaining "hold" or worse ratings, and a consensus 12-month price target of $375.23, representing a 12.3% discount to the current price [3] - A double top pattern formed in late October poses a challenge to bullish signals, while $400 has emerged as a support level this quarter [3] Options Market - Near-term options for TSLA are attractively priced, with a 30-day at-the-money implied volatility of 46.5%, indicating low volatility expectations [6] Potential for Rally - Although not a definitive "Buy Now" signal, various quantitative analysis indicators suggest the possibility of a Santa Claus rally that could push the stock back up to the double top level [8]